Citigroup, SPDR S&P MidCap 400 ETF Among Stocks Down on High Volume Monday
A few stocks are down on high volume today:
- Citigroup (NYSE:C) was down on high volume, trading with volume of 58 million, or 1.6 its average daily volume. Closing at $26.48, shares slipped 4.6%. The stock is down over the last three months, having fallen $8.73 (-24.8%) from $35.21 on March 14, 2012. The stock is trading at 91.4% of its 50-day moving average and 85.6% of its 200-day moving average.
- Trading with volume of three million, or 1.6 its average daily volume, SPDR S&P MidCap 400 ETF (NYSE:MDY) saw its price drop on above-normal volume. With a closing price of $165.55, shares were down 1.9%. The stock has fallen over the last three months, dropping $15.16 (-8.4%) from $180.71 on March 14, 2012. The stock is trading at 96.3% of its 50-day moving average and 96.8% of its 200-day moving average.
- Petroleo Brasileiro (NYSE:PBR) traded on a volume of 25 million, or 1.6 its average daily volume, but its price was down. Shares dropped 4.5% to $18.64. The stock has lost momentum over the last three months, losing $9.71 (-34.3%) from $28.35 on March 14, 2012. The stock is trading at 88.7% of its 50-day moving average and 73.6% of its 200-day moving average.
- Johnson Controls (NYSE:JCI) experienced a price drop on above-average volume today, with 7.7 million shares, or 1.7 its average daily volume, changing hands. The stock price declined 3.8%, closing at $28.34. Over the last three months, the stock has lost $3.73 (-11.6%) from a price of $32.07 on March 14, 2012. The stock is trading at 91.9% of its 50-day moving average and 89.5% of its 200-day moving average.
- Kroger (NYSE:KR) saw its price drop on above-normal volume today, as 9.8 million shares have changed hands or 1.6 times its average daily volume. Closing at $21.35, shares slipped 1%. The stock is down over the last three months, having fallen $2.99 (-12.3%) from $24.34 on March 14, 2012. The stock is trading at 94.8% of its 50-day moving average and 91.4% of its 200-day moving average.
- Forest Labs (NYSE:FRX) was down on high volume after trading at a volume of 4.2 million, or 1.9 its average daily volume. With a closing price of $34.43, shares dropped 3.5%. Over the last three months, the stock has gained 74 cents (2.2%) from a price of $33.69 on March 14, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.9% above the mark.
- General Growth Properties (NYSE:GGP) was down on high volume, trading with volume of six million, or two its average daily volume. Shares fell 2.5% to $16.71.
- Willis Group Holdings (NYSE:WSH) was trading down on above-average volume with 1.4 million shares moving, or 1.6 its average daily volume. With a closing price of $35, shares were off 1.7%. The stock has been going in a negative direction over the last month, dropping $1.05 (-2.9%) from a price of $36.05 on May 10, 2012. The stock has moved down across its 50-day moving average of $35.53 today.
- After trading at a volume of 956,049, or 1.7 its average daily volume, (NYSE:RS) saw its price drop. Shares dropped 3.6% to $46.94. The stock has fallen over the last three months, dropping $8.74 (-15.7%) from $55.68 on March 14, 2012. The stock is trading at 92.8% of its 50-day moving average and 91.3% of its 200-day moving average.